TORONTO, Sept 23 (Reuters) - Canada's main stock index fell
modestly on Wednesday, following hefty losses in the previous
session, but many investors shrugged off the latest
disappointing economic data out of China and mostly kept to the
sidelines.

Of the index's 10 main groups, eight were in negative
territory. Declining issues outnumbered advancing ones on the
TSX by 147 to 88, for a 1.67-to-1 ratio on the downside.

"You would hope for a bit better snap back, but there's
nothing on the growth front, so that's the big vexing question
right now: where's the growth and when's it going to come?" said
John Stephenson, President & CEO at Stephenson & Company Capital
Management, noting that volumes were soft as well.

"Until we see an indication that (global growth) is getting
much worse, which would not be good for markets, or we see it
getting much better, I think we're essential range bound."
Continued...